Goldman Sachs sets USD 145 target for Flex stock, 60.18 percent above price
Published on 10/17/2026 at 22:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and valuation
- On October 16, 2026, Goldman Sachs analyst Mark Delaney set a USD 145.00 target, 60.18 percent above the price.
- Flex is scheduled to report second-quarter fiscal 2027 results on October 28, 2026.
- Flex stock was last at EUR 82.17 on Tradegate on October 16, 2026 at 6:52 p.m. CEST, down 6.45 percent versus the previous Tradegate close.
- Flex had a market capitalization of USD 33.4 billion as of October 16, 2026.
Goldman Sachs analyst Mark Delaney set a USD 145.00 price target for Flex on October 16, 2026, while maintaining a Buy rating, according to Markets Insider. The target is 60.18 percent above the USD 90.46 Nasdaq closing price from the same session. The Tradegate quote was last at EUR 82.17 on October 16, 2026 at 6:52 p.m. CEST, down 6.45 percent versus the previous Tradegate close.
October 28 results set the next test
Flex is scheduled to report second-quarter fiscal 2027 results on October 28, 2026, before the US market opens, according to MetaCap. The date matters because the company enters the report with a sharp gap between the latest market price and published analyst targets. The next release can therefore test whether the growth assumptions behind those targets remain intact.
Price position after the October 16 drop
Flex closed on Nasdaq at USD 90.46 on October 16, 2026, down USD 8.04, or 8.16 percent, from the previous US session. The same quote carried a day range of USD 90.06 to USD 97.15, with volume of 5,752,233 shares against an average of 3,730,542. Those figures show that the decline reached the lower end of the session range and came with volume above its average.
Flex traded 45.8 percent below its USD 166.86 52-week high and 70.5 percent above its USD 53.07 low as of October 16, 2026. The stock remained up 49.7 percent year to date, leaving the recent decline within a much broader annual advance.
On October 14, 2026, Flex completed its EPC Power acquisition, according to Finanznachrichten. The deal expanded its power-conversion capabilities for data centers and grid applications.
Valuation keeps the gap visible
Flex had a market capitalization of USD 33.4 billion and a trailing P/E ratio of 38.66 as of October 16, 2026. The company does not currently pay a regular cash dividend. The USD 145.00 Goldman Sachs target sits well above the latest Nasdaq close, but the target is an analyst view rather than a company forecast.
Comparison with peers on October 16, 2026
What matters before the results
The key market question is whether Flex can narrow the distance between its current valuation and the analyst targets while maintaining growth in its infrastructure businesses. October 28 is the next dated checkpoint for revenue, earnings and management commentary.
The latest Tradegate quote was EUR 82.17 on October 16, 2026 at 6:52 p.m. CEST, down 6.45 percent versus the previous Tradegate close.
Market context: Market report S&P 500.
